Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹556, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 20x in the Energy Services industry in India. Total returns to shareholders of 83% over the past three years. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to ₹598, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 20x in the Energy Services industry in India. Total returns to shareholders of 104% over the past three years. New Risk • Mar 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Jan 29
Third quarter 2026 earnings released: ₹11.52 loss per share (vs ₹22.88 profit in 3Q 2025) Third quarter 2026 results: ₹11.52 loss per share (down from ₹22.88 profit in 3Q 2025). Revenue: ₹2.42b (flat on 3Q 2025). Net loss: ₹333.9m (down 151% from profit in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Announcement • Jan 16
Jindal Drilling & Industries Limited to Report Q3, 2026 Results on Jan 28, 2026 Jindal Drilling & Industries Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Jan 28, 2026 Declared Dividend • Aug 01
Dividend increased to ₹1.00 Dividend of ₹1.00 is 100% higher than last year. Ex-date: 14th August 2025 Payment date: 27th September 2025 Dividend yield will be 0.2%, which is lower than the industry average of 0.4%. Sustainability & Growth Dividend is well covered by both earnings (1% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 42% over the last 3 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 31
First quarter 2026 earnings released: EPS: ₹19.48 (vs ₹15.14 in 1Q 2025) First quarter 2026 results: EPS: ₹19.48 (up from ₹15.14 in 1Q 2025). Revenue: ₹2.63b (up 54% from 1Q 2025). Net income: ₹564.5m (up 29% from 1Q 2025). Profit margin: 22% (down from 26% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 15
Jindal Drilling & Industries Limited to Report Q1, 2026 Results on Jul 30, 2025 Jindal Drilling & Industries Limited announced that they will report Q1, 2026 results on Jul 30, 2025 Reported Earnings • May 28
Full year 2025 earnings released: EPS: ₹74.50 (vs ₹17.65 in FY 2024) Full year 2025 results: EPS: ₹74.50 (up from ₹17.65 in FY 2024). Revenue: ₹8.84b (up 43% from FY 2024). Net income: ₹2.16b (up 322% from FY 2024). Profit margin: 24% (up from 8.3% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 27
Jindal Drilling & Industries Limited, Annual General Meeting, Aug 28, 2025 Jindal Drilling & Industries Limited, Annual General Meeting, Aug 28, 2025. Announcement • May 13
Jindal Drilling & Industries Limited to Report Q4, 2025 Results on May 26, 2025 Jindal Drilling & Industries Limited announced that they will report Q4, 2025 results on May 26, 2025 Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹691, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 21x in the Energy Services industry in India. Total returns to shareholders of 189% over the past three years. Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹898, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 21x in the Energy Services industry in India. Total returns to shareholders of 313% over the past three years. New Risk • Feb 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹944, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 20x in the Energy Services industry in India. Total returns to shareholders of 338% over the past three years. Reported Earnings • Jan 28
Third quarter 2025 earnings released: EPS: ₹22.76 (vs ₹11.02 in 3Q 2024) Third quarter 2025 results: EPS: ₹22.76 (up from ₹11.02 in 3Q 2024). Revenue: ₹2.54b (up 39% from 3Q 2024). Net income: ₹659.5m (up 107% from 3Q 2024). Profit margin: 26% (up from 17% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 73% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 14
Jindal Drilling & Industries Limited to Report Q3, 2025 Results on Jan 27, 2025 Jindal Drilling & Industries Limited announced that they will report Q3, 2025 results on Jan 27, 2025 Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹708, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 29x in the Energy Services industry in India. Total returns to shareholders of 404% over the past three years. Reported Earnings • Oct 29
Second quarter 2025 earnings released: EPS: ₹11.90 (vs ₹7.63 in 2Q 2024) Second quarter 2025 results: EPS: ₹11.90 (up from ₹7.63 in 2Q 2024). Revenue: ₹1.83b (up 28% from 2Q 2024). Net income: ₹344.7m (up 56% from 2Q 2024). Profit margin: 19% (up from 16% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 20
Jindal Drilling & Industries Limited to Report Q2, 2025 Results on Oct 28, 2024 Jindal Drilling & Industries Limited announced that they will report Q2, 2025 results on Oct 28, 2024 Announcement • Sep 26
Jindal Drilling & Industries Limited Announces Cessation of Directors Jindal Drilling & Industries Limited informed that the following Non-Executive Independent Directors of the Company have completed their second consecutive term in the Company from the close of working hours on 25th September, 2024 and have ceased as Directors of the Company. Mr. Vijay Kaushik (DIN: 02249672) - He has also ceased as Chairman of the Audit Committee, Nomination & Remuneration Committee and Stakeholders Relationship Committee and as Member of CSR Committee and Risk Management Committee with effect from 25th September, 2024. Mrs. Saroj Bhartia (DIN: 00088456) - She has also ceased as Member of the Audit Committee, Nomination & Remuneration Committee, Stakeholders Relationship Committee and CSR Committee with effect from 25th September, 2024. Announcement • Aug 29
Jindal Drilling & Industries Limited Approves Appointment of Pattamadai Natarajasarma Vijay and Sarita Agrawal as Non-Executive Independent Director Jindal Drilling & Industries Limited at the Annual General Meeting held on 28 August, 2024 approved appointment of Mr. Pattamadai Natarajasarma Vijay as a Non-Executive Independent Director of the Company; Appointment of Mrs. Sarita Agrawal as a Non-Executive, Independent Director of the Company. Declared Dividend • Jul 31
Dividend of ₹0.50 announced Dividend of ₹0.50 is the same as last year. Ex-date: 14th August 2024 Payment date: 27th September 2024 Dividend yield will be 0.07%, which is lower than the industry average of 0.4%. Reported Earnings • Jul 30
First quarter 2025 earnings released: EPS: ₹15.14 (vs ₹4.17 in 1Q 2024) First quarter 2025 results: EPS: ₹15.14 (up from ₹4.17 in 1Q 2024). Revenue: ₹1.84b (up 87% from 1Q 2024). Net income: ₹438.6m (up 263% from 1Q 2024). Profit margin: 24% (up from 12% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 22
Jindal Drilling & Industries Limited to Report Q1, 2025 Results on Jul 29, 2024 Jindal Drilling & Industries Limited announced that they will report Q1, 2025 results on Jul 29, 2024 Announcement • May 23
Jindal Drilling & Industries Limited, Annual General Meeting, Aug 28, 2024 Jindal Drilling & Industries Limited, Annual General Meeting, Aug 28, 2024. New Risk • May 22
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.9% Last year net profit margin: 19% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company. Reported Earnings • May 22
Full year 2024 earnings released: EPS: ₹17.65 (vs ₹33.43 in FY 2023) Full year 2024 results: EPS: ₹17.65 (down from ₹33.43 in FY 2023). Revenue: ₹6.46b (up 26% from FY 2023). Net income: ₹511.5m (down 47% from FY 2023). Profit margin: 7.9% (down from 19% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 87% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 16
Jindal Drilling & Industries Limited to Report Q4, 2024 Results on May 21, 2024 Jindal Drilling & Industries Limited announced that they will report Q4, 2024 results on May 21, 2024 Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹626, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 25x in the Energy Services industry in India. Total returns to shareholders of 577% over the past three years. Reported Earnings • Jan 30
Third quarter 2024 earnings released: EPS: ₹11.02 (vs ₹8.58 in 3Q 2023) Third quarter 2024 results: EPS: ₹11.02 (up from ₹8.58 in 3Q 2023). Revenue: ₹1.89b (up 37% from 3Q 2023). Net income: ₹319.4m (up 28% from 3Q 2023). Profit margin: 17% (down from 18% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has increased by 109% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 29
Jindal Drilling & Industries Limited Announces Board Changes Jindal Drilling & Industries Limited announced Appointment of Mr. Binaya Kumar Dash as Company Secretary as well as Compliance Officer of the Company, Date of Appointment: 1 February, 2024. Brief profile: Mr. Binaya Kumar Dash is an Associate Member of the Institute of Company Secretaries of India holding Membership No. A17982. He is having more than 21 years of post- qualification experience in the area of Corporate Laws and Secretarial. Re-designation of Mr. Pawan Kumar Rustagi from the position of CFO and Company Secretary & Compliance Officer to Chief Financial Officer of the Company. Announcement • Jan 18
Jindal Drilling & Industries Limited to Report Q3, 2024 Results on Jan 29, 2024 Jindal Drilling & Industries Limited announced that they will report Q3, 2024 results on Jan 29, 2024 Board Change • Dec 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Additional Independent Director Sunil Arora was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 02
Second quarter 2024 earnings released: EPS: ₹7.63 (vs ₹10.95 in 2Q 2023) Second quarter 2024 results: EPS: ₹7.63 (down from ₹10.95 in 2Q 2023). Revenue: ₹1.50b (up 8.7% from 2Q 2023). Net income: ₹221.2m (down 30% from 2Q 2023). Profit margin: 15% (down from 23% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 112% per year, which means it is significantly lagging earnings growth. Announcement • Nov 02
Jindal Drilling & Industries Limited Appoints Mr. Pawan Kumar Rustagi as Company Secretary and Compliance Officer Jindal Drilling & Industries Limited announced that the Board of Directors of the meeting held on 1 November 2023, inter-alia, has considered and approved Appointment of Mr. Pawan Kumar Rustagi as Company Secretary and Compliance Officer of the Company with effect from 1 November 2023. Mr. Pawan Kumar Rustagi is an Associate Member of the Institute of Company Secretaries of India holding Membership No. A11909 and also a Chartered Accountant. He is having more than 37 years of post qualification experience in the area of Finance, Accounts and Secretarial. Currently he is a Chief Financial Officer of the Company. Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹663, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 21x in the Energy Services industry in India. Total returns to shareholders of 772% over the past three years. Announcement • Aug 30
Jindal Drilling & Industries Limited Declares Dividend for the Financial Year Ended 31St March, 2023 Jindal Drilling & Industries Limited at it's AGM approved to declare dividend of INR 0.50 (10 %) per Equity Share of INR 5/- for the financial year ended 31st March, 2023. Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹439, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 15x in the Energy Services industry in India. Total returns to shareholders of 522% over the past three years. Upcoming Dividend • Aug 07
Upcoming dividend of ₹0.50 per share at 0.1% yield Eligible shareholders must have bought the stock before 14 August 2023. Payment date: 27 September 2023. Payout ratio is a comfortable 1.5% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (0.6%). Announcement • Aug 03
Jindal Drilling & Industries Limited, Annual General Meeting, Aug 28, 2023 Jindal Drilling & Industries Limited, Annual General Meeting, Aug 28, 2023, at 15:00 Indian Standard Time. Reported Earnings • Aug 02
First quarter 2024 earnings released: EPS: ₹4.17 (vs ₹10.39 in 1Q 2023) First quarter 2024 results: EPS: ₹4.17 (down from ₹10.39 in 1Q 2023). Revenue: ₹985.4m (down 26% from 1Q 2023). Net income: ₹120.7m (down 60% from 1Q 2023). Profit margin: 12% (down from 23% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 134% per year but the company’s share price has only increased by 84% per year, which means it is significantly lagging earnings growth. Announcement • Jul 24
Jindal Drilling & Industries Limited to Report Q1, 2024 Results on Aug 01, 2023 Jindal Drilling & Industries Limited announced that they will report Q1, 2024 results on Aug 01, 2023 New Risk • Jun 13
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹368, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 13x in the Energy Services industry in India. Total returns to shareholders of 394% over the past three years. Announcement • May 13
Jindal Drilling & Industries Limited Announces Compliance Officer Changes Jindal Drilling & Industries Limited announced that Mr. Saurabh Agrawal (Membership No. A-36163) has tendered his resignation from the post of Company Secretary & Compliance Officer of the Company effective close of working hours of May 12, 2023 due to his personal reasons. Mr. Pawan Kumar Rustagi, Chief Financial Officer has been appointed as Compliance Officer of the Company effective May 13, 2023. Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ₹297, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 14x in the Energy Services industry in India. Total returns to shareholders of 546% over the past three years. Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹250, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 14x in the Energy Services industry in India. Total returns to shareholders of 345% over the past three years. Reported Earnings • Jan 25
Third quarter 2023 earnings released: EPS: ₹8.58 (vs ₹11.88 in 3Q 2022) Third quarter 2023 results: EPS: ₹8.58 (down from ₹11.88 in 3Q 2022). Revenue: ₹1.38b (up 19% from 3Q 2022). Net income: ₹248.7m (down 28% from 3Q 2022). Profit margin: 18% (down from 30% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 143% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Announcement • Jan 24
Jindal Drilling & Industries Limited Announces Appointment of Mr. Narayan Ramaswamy as Chief Executive Officer Jindal Drilling & Industries Limited announced appointment of Mr. Narayan Ramaswamy as Chief Executive Officer and a Key Managerial Personnel of the Company with effect from January 23, 2023. Mr. Narayan Ramaswamy aged about 56 years, with over 31 years of overall experience including hands on offshore, project and operations management. A strong leader with an upstream Jack up rig operations background with strategic planning, safety management, equipment commissioning, employee development skills. Collaborative communicator continually focused on building relationships and promoting synergy across business lines and global units to drive positive change in working environment. He completed Bachelor of Tech.(Mechanical Engineering) from UNIVERSITY OF CALICUT in 1989. Announcement • Jan 07
Jindal Drilling & Industries Limited to Report Q3, 2023 Results on Jan 23, 2023 Jindal Drilling & Industries Limited announced that they will report Q3, 2023 results on Jan 23, 2023 Announcement • Jan 01
Jindal Drilling & Industries Limited Announces the Resignation of R S Gupta as Chief Executive Officer Jindal Drilling & Industries Limited announced that Mr. R S Gupta has tendered his resignation as Chief Executive Officer and a Key Managerial Personnel of the company, effective close of working hours of December 31, 2022 due to his personal reasons. The Company has accepted his resignation and relieved him from his responsibilities effective close of working hours of December 31, 2022. Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improved over the past week After last week's 22% share price gain to ₹294, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 19x in the Energy Services industry in India. Total returns to shareholders of 192% over the past three years. Reported Earnings • Oct 18
Second quarter 2023 earnings released: EPS: ₹10.95 (vs ₹1.24 in 2Q 2022) Second quarter 2023 results: EPS: ₹10.95 (up from ₹1.24 in 2Q 2022). Revenue: ₹1.56b (up 55% from 2Q 2022). Net income: ₹317.4m (up ₹281.5m from 2Q 2022). Profit margin: 20% (up from 3.6% in 2Q 2022). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Oct 11
Investor sentiment improved over the past week After last week's 23% share price gain to ₹320, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 25x in the Energy Services industry in India. Total returns to shareholders of 298% over the past three years. Announcement • Oct 08
Jindal Drilling & Industries Limited to Report Q2, 2023 Results on Oct 17, 2022 Jindal Drilling & Industries Limited announced that they will report Q2, 2023 results on Oct 17, 2022 Announcement • Sep 23
Jindal Drilling & Industries Limited Announces Declaration of Dividend for the Financial Year Ended March 31, 2022 Jindal Drilling & Industries Limited announced a ordinary resolution for declaration of dividend of INR 0.50 (10%) per equity share of INR 5 each for the financial year ended March 31, 2022, at the AGM held on September 21, 2022. Valuation Update With 7 Day Price Move • Sep 12
Investor sentiment improved over the past week After last week's 15% share price gain to ₹279, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 24x in the Energy Services industry in India. Total returns to shareholders of 209% over the past three years. Upcoming Dividend • Sep 01
Upcoming dividend of ₹0.50 per share Eligible shareholders must have bought the stock before 07 September 2022. Payment date: 21 October 2022. Payout ratio is a comfortable 1.7% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.6%). Lower than average of industry peers (0.9%). Announcement • Aug 31
Jindal Drilling & Industries Limited, Annual General Meeting, Sep 21, 2022 Jindal Drilling & Industries Limited, Annual General Meeting, Sep 21, 2022, at 15:00 Indian Standard Time. Agenda: To consider and adopt the Audited Financial Statements (including Audited Consolidated Financial Statements) of the Company for the financial year ended 31st March, 2022, together with the Reports of the Board of Directors and Auditors thereon; to declare dividend on equity shares; to appoint a Director in place of, Mr. Shiv Kumar Singhal who retires by rotation and being eligible, offers himself for re-appointment; to re-appoint M/s Kanodia Sanyal & Associates, Chartered Accountants as the Statutory Auditors of the Company; and to consider other matters. Reported Earnings • Jul 26
First quarter 2023 earnings released: EPS: ₹10.39 (vs ₹2.50 in 1Q 2022) First quarter 2023 results: EPS: ₹10.39 (up from ₹2.50 in 1Q 2022). Revenue: ₹1.50b (up 51% from 1Q 2022). Net income: ₹301.2m (up 315% from 1Q 2022). Profit margin: 20% (up from 7.3% in 1Q 2022). The increase in margin was driven by higher revenue. Announcement • Jul 19
Jindal Drilling & Industries Limited to Report Q1, 2023 Results on Jul 25, 2022 Jindal Drilling & Industries Limited announced that they will report Q1, 2023 results on Jul 25, 2022 Reported Earnings • May 28
Full year 2022 earnings released: EPS: ₹22.25 (vs ₹2.03 loss in FY 2021) Full year 2022 results: EPS: ₹22.25 (up from ₹2.03 loss in FY 2021). Revenue: ₹4.52b (up 14% from FY 2021). Net income: ₹644.7m (up ₹703.4m from FY 2021). Profit margin: 14% (up from net loss in FY 2021). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Announcement • May 18
Jindal Drilling & Industries Limited to Report Q4, 2022 Results on May 27, 2022 Jindal Drilling & Industries Limited announced that they will report Q4, 2022 results on May 27, 2022 Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improved over the past week After last week's 17% share price gain to ₹224, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 14x in the Energy Services industry in India. Total returns to shareholders of 131% over the past three years. Reported Earnings • Feb 03
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹11.88 (up from ₹5.68 loss in 3Q 2021). Revenue: ₹1.27b (up 12% from 3Q 2021). Net income: ₹344.3m (up ₹508.8m from 3Q 2021). Profit margin: 27% (up from net loss in 3Q 2021). The move to profitability was primarily driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment improved over the past week After last week's 22% share price gain to ₹179, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 16x in the Energy Services industry in India. Total returns to shareholders of 82% over the past three years. Reported Earnings • Nov 02
Second quarter 2022 earnings released: EPS ₹1.24 (vs ₹8.30 loss in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹1.08b (up 25% from 2Q 2021). Net income: ₹35.9m (up ₹276.5m from 2Q 2021). Profit margin: 3.3% (up from net loss in 2Q 2021). The move to profitability was primarily driven by higher revenue. Executive Departure • Sep 24
Company Secretary & Compliance Officer Saurabh Agrawal has left the company On the 15th of September, Saurabh Agrawal's tenure as Company Secretary & Compliance Officer ended after 2.4 years in the role. We don't have any record of a personal shareholding under Saurabh's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 3.58 years. Reported Earnings • Aug 18
First quarter 2022 earnings released: EPS ₹2.50 (vs ₹4.09 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹1.04b (up 22% from 1Q 2021). Net income: ₹72.5m (up ₹171.7m from 1Q 2021). Profit margin: 7.0% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Reported Earnings • Jun 27
Full year 2021 earnings released: ₹2.03 loss per share (vs ₹204 loss in FY 2020) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: ₹4.06b (up 88% from FY 2020). Net loss: ₹58.7m (loss narrowed 99% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Is New 90 Day High Low • Mar 08
New 90-day high: ₹103 The company is up 7.0% from its price of ₹95.70 on 08 December 2020. The Indian market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is up 15% over the same period. Reported Earnings • Feb 15
Third quarter 2021 earnings released: ₹5.68 loss per share (vs ₹2.77 loss in 3Q 2020) The company reported a solid third quarter result with improved revenues and control over costs, although losses increased. Third quarter 2021 results: Revenue: ₹1.14b (up 128% from 3Q 2020). Net loss: ₹164.5m (loss widened 105% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 78% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Announcement • Feb 06
Jindal Drilling & Industries Limited to Report Nine Months, 2021 Results on Feb 13, 2021 Jindal Drilling & Industries Limited announced that they will report nine months, 2021 results on Feb 13, 2021 Recent Insider Transactions • Nov 25
MD & Director recently bought ₹5.2m worth of stock On the 19th of November, Raghav Jindal bought around 67k shares on-market at roughly ₹77.39 per share. This was the largest purchase by an insider in the last 3 months. This was Raghav's only on-market trade for the last 12 months. Is New 90 Day High Low • Nov 18
New 90-day high: ₹80.75 The company is up 3.0% from its price of ₹78.10 on 20 August 2020. The Indian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Energy Services industry, which is down 1.0% over the same period. Announcement • Nov 12
Jindal Drilling & Industries Limited Announces Board Changes Jindal Drilling & Industries Limited announced the re- designation of Mr. Raj Kamal Aggarwal from Non-Executive Non Independent Director to Non-Executive Independent Director and also announced the appointment of Mr. .Shiv Kurnar Singhal as Additional Director in the category of Non-Executive Non-independent Director. Announcement • Nov 11
Jindal Drilling & Industries Limited to Report Q2, 2021 Results on Nov 10, 2020 Jindal Drilling & Industries Limited announced that they will report Q2, 2021 results on Nov 10, 2020 Announcement • Sep 26
Jindal Drilling & Industries Limited Announces Resignation of Krishna Kumar Khandelwal as Non-Executive Independent Director Jindal Drilling & Industries Limited announced that Mr. Krishna Kumar Khandelwal has resigned from the position of the Non-Executive Independent Director of the Company with effect from September 25, 2020, due to pre-occupation and advanced age. Announcement • Aug 18
Jindal Drilling & Industries Limited to Report Q2, 2020 Results on Aug 21, 2020 Jindal Drilling & Industries Limited announced that they will report Q2, 2020 results on Aug 21, 2020 Announcement • Jun 20
Jindal Drilling & Industries Limited to Report Fiscal Year 2020 Results on Jun 29, 2020 Jindal Drilling & Industries Limited announced that they will report fiscal year 2020 results on Jun 29, 2020 
